LIC MF Focused Fund - Direct Plan - Growth

Scheme Objective

The investment objective of the Scheme is to generate long term capital appreciation by investing in a concentrated portfolio of equity and equity related instruments of up to 30 companies across market capitalisation. The Scheme may also invest in debt and money market Securities in line with the asset allocation pattern.

Scheme Details

• Fund manager(s) – Sumit Bhatnagar , Jaiprakash Toshniwal
• Launch date – 17-Nov-2017
• Expense ratio – 1.58% as declared on 31-Oct-2025 (category average is 0.8%)
• Benchmark - Nifty 500 TRI

• Min SIP amount - ₹
• Min investment amount (one time- first time) - ₹
• Min investment amount (addtional purchase) - ₹
• Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

LIC MF Focused Fund - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Contact Details